Are You Throwing Away Money?

Tax Tips
Written By Kim Manunui

Our pet hate in this business is seeing penalties on GST and other returns for late filing.

How quickly a late filed GST return can turn in to a mass of late filing penalties and interest charges. You need to file your returns on time!

I quite often hear that people don’t file their returns because of cashflow issues, or because they just haven’t had the time to complete them. The answer is not to make your situation worse by giving money away to the Inland Revenue.

This is something we see frequently with new clients.The Inland Revenue are helpful when it comes to payment arrangements and these can be easily managed online.

If you file your return and then set up a payment arrangement before the tax is due, you will not incur any penalties. You will be charged use of money interest, but at reasonable rates.Penalties are not tax deductible, but the interest charges are.

We have clients that set up payment plans most months to spread their cashflow commitments.If you are having trouble finding the time to prepare GST or PAYE returns, contact us.

We can take away that stress and give you peace of mind at an affordable price point.

Kim Manunui

Hi, I’m Kim and I work with a great team to help individuals, as well as small and not so small businesses get their message, product and services to the world using digital media and creating wonderful websites that don’t cost the earth.

I was born in Canada, and grew up around Vancouver and the mountains of British Columbia. My love of pristine environments led me to New Zealand and eventually to the mountains, lakes and rivers of the central North Island which is home. My family’s heritage is here, and it’s from here that Korio traverses the planet.

The digital world is never static and neither are we.

And I say ‘we’ because I work with an awesome group of talented people who I gather together as required to complete a project.  Whatever your business, not-for-profit or individual needs are we gather the best team to get the job done.

Collaboratively we are creative, share sustainable values and work hard for great outcomes because that’s the buzz of satisfaction that drives us.

If you have an audience and market to reach, we can make that happen. Creative design, words that work and smart behind the scenes stuff that cuts through the online noise. We’ll design your website and then build it. We’ll manage the content as well as all your hosting needs. We can handle your online advertising so you get noticed,
and we’ll manage your social media presence so you get the clicks, likes and engagement to grow your business. All within the budget you set, because none of this needs to cost the earth.  And the job doesn’t stop when your website goes live. We are your virtual business partner.

https://www.korio.co.nz
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